Telelogic signs E590,000 License Deal with Leading UK Aerospace/defense Contractor
Telelogic signs E590,000 License Deal with Leading UK Aerospace/defense Contractor - Telelogic DOORS to Be Deployed Across 11 Divisions across UK- Malmö, SWEDEN - July 2, 2004 - Telelogic (Stockholm Exchange:TLOG), the leading global provider of solutions for advanced software and systems development, today announced a four year license agreement with a leading UK aerospace/defense contractor, to deploy Telelogic DOORS in a collaborative development environment across all divisions of the company. In addition, Telelogic DOORS has been named the corporate standard for requirements management in six of the 11 divisions. The deal, dated June 30, is worth E590,000 and includes licenses and maintenance over a four year period. "This customer, like all aerospace/defense contractors today, has to build increasingly complex systems to the highest safety and quality standards under ever tighter deadlines," said Anders Lidbeck, president and CEO of Telelogic. "Like many other leading companies in this market, it determined that DOORS is the best requirements management solution for meeting these challenges." About Telelogic Founded in 1983, Telelogic® is a leading global provider of solutions for advanced systems and software development. Telelogic's intuitive, best-in-class software tools automate and support best practices throughout the application development lifecycle, leaving development teams free to concentrate on core competencies and apply their skills and energy to value-added tasks. By optimizing each phase of development, Telelogic enables companies to deliver higher quality systems and software with greater predictability, reduced time-to-market and lower overall costs. To ensure interoperability with third-party tools, Telelogic's products are built on an open architecture and standardized languages. As an industry leader and technology visionary, Telelogic is actively involved in shaping the future of advanced systems and software development by participating in industry organizations like ETSI, INCOSE, ITU-T, OMG and others. Headquartered in Malmö, Sweden with U.S. headquarters in Irvine, California, Telelogic has operations in 17 countries worldwide. Customers include Alcatel, BAE SYSTEMS, BMW, Boeing, DaimlerChrysler, Deutsche Bank, Ericsson, General Motors, Lockheed Martin, Motorola, NEC, Nokia, Philips, Siemens, Thales and Vodafone. For more information, please visit www.telelogic.com Contacts: Catharina Paulcén VP Corporate Communications Phone: +46 705 174730 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/07/02/20040702BIT21250/wkr0001.pdf